UBS has acquired a 4.8% stake in Indian wealth manager 360 ONE WAM by converting warrants into 20.5 million equity shares. The investment follows a partnership that includes UBS selling its Indian onshore wealth business to 360 ONE. The company manages more than ₹9 lakh crore in assets.
UBS has acquired a 4.8% stake in Indian wealth manager 360 ONE WAM by converting warrants into 20.5 million equity shares. The investment follows a partnership that includes UBS selling its Indian onshore wealth business to 360 ONE. The company manages more than ₹9 lakh crore in assets.
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